ARCwire -- Sixnet Holdings LLC announced that it has signed an agreement to acquire 100% of the outstanding shares of BlueTree Wireless Data, a leading supplier of machine-to-machine (M2M) cellular data products.
Sixnet and BlueTree have been working for some time to integrate their respective technologies into products that will serve in the M2M markets. Both Sixnet and BlueTree base their products on a Linux platform, inviting integration. The two companies working together have developed a new hardware platform that will greatly increase performance while lowering operating power and reducing the mounting footprint of the resulting products. While working together as technology partners it became apparent that the synergies the two companies share made this merger a logical and beneficial next step. The first jointly developed products, based on EVDO cellular technology, will be unveiled in fourth quarter this year.